Still a solid double in here, I see $30. Biggest Govt scandal in the last century! It's a long story but I would be glad to share. I've personally been on this since it was below $2.
Company has been around since 1938
Fortune 500 company listed at # 25
NO DEBT, lots of capital, revenue 30 Billion a year.
I advise to follow the new FHFA Director on X in Bill Pulte
More institutions own this stock than any other in the country.
They saved the Banks from going under in 08.
The govt didn't give FNMA a loan it was a stick up.
They have been used as Govt piggy banks for political projects.
Their loan was for 189 Billion they did not need, they paid back 301 Billion and still under a FAKE conservatorship.
They are sitting on the corrupt OTC penny stock exchange and about to be up listed to the big boards SOON ! They have and met all the criteria to be up listed.
If you only knew the real story, it would blow your mind ! What the Govt did to this company and its shareholders make Bernie Madoff look like he robbed a 7 - Eleven.
My opinion and my opinion only.
GL
To remove first post, remove entire topic.
FNMA
Still a solid double in here, I see $30. Biggest Govt scandal in the last century! It's a long story but I would be glad to share. I've personally been on this since it was below $2.
Company has been around since 1938
Fortune 500 company listed at # 25
NO DEBT, lots of capital, revenue 30 Billion a year.
I advise to follow the new FHFA Director on X in Bill Pulte
More institutions own this stock than any other in the country.
They saved the Banks from going under in 08.
The govt didn't give FNMA a loan it was a stick up.
They have been used as Govt piggy banks for political projects.
Their loan was for 189 Billion they did not need, they paid back 301 Billion and still under a FAKE conservatorship.
They are sitting on the corrupt OTC penny stock exchange and about to be up listed to the big boards SOON ! They have and met all the criteria to be up listed.
If you only knew the real story, it would blow your mind ! What the Govt did to this company and its shareholders make Bernie Madoff look like he robbed a 7 - Eleven.
You had a decade plus to buy both of those at less than 50 cents a share, all the hedgies got their cash out already, if you waited to buy this long you will need severe luck to get that 30 you think is possible.
You had a decade plus to buy both of those at less than 50 cents a share, all the hedgies got their cash out already, if you waited to buy this long you will need severe luck to get that 30 you think is possible.
The reason why they survived was the government gave them a massive bailout LOC which they used and had it not been for this they would for sure not survived, that is a fact. I also do not care that they paid it back so thus they should be released, that is not a good solution to me and I hope the government exercises the warrant and takes the 80% ownership because if they do not then they are are flat stupid and are being paid off by Pershing Square and the boys.
The reason why the balanced sheets are flush is because the government has been on pause on the profit sweep and has been allowing Fannie and Freddie to recapitalize, that is why they are seemingly vibrant. I hope the government keeps the 80% and continues to take the profits, Bill can cash out his shares and so can Bill II both are finance insiders and I really dont care if they make a larger profit off this or not.
I thought about buying that a few times but I didnt like the time frame and missed out but congrats on doing well with your trade.
A few things to your other thread comments.
The reason why they survived was the government gave them a massive bailout LOC which they used and had it not been for this they would for sure not survived, that is a fact. I also do not care that they paid it back so thus they should be released, that is not a good solution to me and I hope the government exercises the warrant and takes the 80% ownership because if they do not then they are are flat stupid and are being paid off by Pershing Square and the boys.
The reason why the balanced sheets are flush is because the government has been on pause on the profit sweep and has been allowing Fannie and Freddie to recapitalize, that is why they are seemingly vibrant. I hope the government keeps the 80% and continues to take the profits, Bill can cash out his shares and so can Bill II both are finance insiders and I really dont care if they make a larger profit off this or not.
I thought about buying that a few times but I didnt like the time frame and missed out but congrats on doing well with your trade.
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